New York proposes an annual food tax holiday exempting sales taxes on certain food items for two weeks in November or December.

New York A10308 proposes an annual food tax holiday exempting sales taxes on certain food items for two weeks in November or December. The exemption applies to hot and cold prepared foods intended for immediate consumption, ready-to-eat items sold in grocery stores, delis, or food counters, and meals purchased at restaurants, including takeout and delivery orders. The tax holiday applies to purchases for less than or equal to $250. The Department of Taxation and Finance will conduct an economic impact analysis two years after the act's effective date.

New York proposes an annual food tax holiday exempting sales taxes on certain food items for two weeks in November or December.

New York A10308 proposes an annual food tax holiday exempting sales taxes on certain food items for two weeks in November or December. The exemption applies to hot and cold prepared foods intended for immediate consumption, ready-to-eat items sold in grocery stores, delis, or food counters, and meals purchased at restaurants, including takeout and delivery orders. The tax holiday applies to purchases for less than or equal to $250. The Department of Taxation and Finance will conduct an economic impact analysis two years after the act's effective date.